Nvidia, the chipmaker, rose a startling 417 percent, while Amazon gained just 38 percent. However, these companies hold less weight in the index because they are much smaller, and each is responsible for less than 1 percent of the index’s move since then.Īnd some of the Magnificent Seven have done better than others. Royal Caribbean, the cruise line, rose 212 percent, for example, and General Electric has risen over 160 percent since October 2022. Indeed, based on price alone, the seven big tech stocks were not the best performing in the S&P 500. Tesla remains lower than it was when the S&P hit its trough in October 2022, but over the last twelve months, the company has surged more than 64 percent, responsible for nearly 3 percent of the S&P 500 rally on its own. Over the last twelve months, their gains have accounted for more than 60 percent of the return in the S&P 500. During the later months of 2022, their relatively weak showing dragged the S&P 500 down. ![]() The outsize impact of the Magnificent Seven can work both ways. Warm wishes on this Republic Day! Let's celebrate the achievements of our great nation and look forward to a future filled with progress and unity.Note: Data is as of market close on Jan. Wishing a joyful Republic Day! May the spirit of freedom and democracy continue to flourish in the heart of every Indian. Happy 26th January! Today, let's remember the significance of our Constitution and the democratic values that bind us as a nation. Wishing you a patriotic Republic Day! Let the tricolour fill your hearts with pride and love for our incredible nation. ![]() Happy Republic Day! Let's honour the sacrifices of our heroes and strive for a more inclusive and harmonious India. Warm wishes on Republic Day! May the principles of justice, liberty, equality, and fraternity guide our nation towards a brighter future. On this Republic Day, let's pledge to contribute to the progress and prosperity of our beloved India. Happy 75th Republic Day! Today, let's cherish the values that make our nation unique and stand together with pride. Wishing you a joyful Republic Day! May the tricolour always fly high, symbolising the strength and pride of our nation. Happy Republic Day! Let's celebrate the spirit of unity and diversity that makes India truly special. Wishing for an India where citizens actively participate in civic duties, contributing to the nation's democratic ideals and strengthening the fabric of the republic. May healthcare be prioritised, ensuring that every citizen has access to quality medical services, contributing to a healthier and more resilient nation. May the spirit of patriotism light up your heart and fill your day with positivity. May India continue to be a peacemaker, fostering diplomatic relations and promoting harmony in a world marked by conflicts and uncertainties. Wishing for a society that prioritises social justice, ensuring the well-being and dignity of every citizen. May technological advancements propel India into a leading role on the global stage, driving innovation, economic growth, and societal progress. Wishing for a greener India, where environmental sustainability is a priority, and efforts are made to protect and preserve the country's natural resources. May gender equality thrive in India, with women enjoying equal opportunities and rights, contributing significantly to the nation's progress. ![]() Wishing for an India where education is not just accessible but of the highest quality, empowering every child to reach their full potential.
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